Sidma Steel Products Balance Sheet Health
Financial Health criteria checks 5/6
Sidma Steel Products has a total shareholder equity of €15.2M and total debt of €69.5M, which brings its debt-to-equity ratio to 457.8%. Its total assets and total liabilities are €152.1M and €136.9M respectively.
Key information
457.8%
Debt to equity ratio
€69.48m
Debt
| Interest coverage ratio | n/a |
| Cash | €7.97m |
| Equity | €15.18m |
| Total liabilities | €136.91m |
| Total assets | €152.08m |
Recent financial health updates
Is Sidma Steel Products (ATH:SIDMA) Using Debt In A Risky Way?
Jun 27
These 4 Measures Indicate That Sidma Steel Products (ATH:SIDMA) Is Using Debt Extensively
Dec 05Recent updates
Is Sidma Steel Products (ATH:SIDMA) Using Debt In A Risky Way?
Jun 27Sidma S.A. Steel Products (ATH:SIDMA) Could Be Riskier Than It Looks
Mar 02We Like These Underlying Return On Capital Trends At Sidma Steel Products (ATH:SIDMA)
Jul 26Even With A 28% Surge Cautious Investors Are Not Rewarding Sidma S.A. Steel Products' (ATH:SIDMA) Performance Completely
Jan 21Investors Met With Slowing Returns on Capital At Sidma Steel Products (ATH:SIDMA)
Jan 06Shareholders Would Enjoy A Repeat Of Sidma Steel Products' (ATH:SIDMA) Recent Growth In Returns
May 07These 4 Measures Indicate That Sidma Steel Products (ATH:SIDMA) Is Using Debt Extensively
Dec 05Statutory Earnings May Not Be The Best Way To Understand Sidma Steel Products' (ATH:SIDMA) True Position
Sep 25Returns On Capital At Sidma Steel Products (ATH:SIDMA) Have Stalled
Sep 19Financial Position Analysis
Short Term Liabilities: SIDMA's short term assets (€113.6M) exceed its short term liabilities (€81.8M).
Long Term Liabilities: SIDMA's short term assets (€113.6M) exceed its long term liabilities (€55.1M).
Debt to Equity History and Analysis
Debt Level: SIDMA's net debt to equity ratio (405.3%) is considered high.
Reducing Debt: SIDMA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SIDMA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SIDMA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sidma S.A. Steel Products is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vassilis Vlastarakis | Beta Securities S.A. |